RHS Financial LLC Purchases 4,489 Shares of iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF)

RHS Financial LLC lifted its holdings in iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) by 9.9% in the 1st quarter, HoldingsChannel.com reports. The fund owned 49,957 shares of the company’s stock after buying an additional 4,489 shares during the period. iMGP DBi Managed Futures Strategy ETF comprises approximately 0.8% of RHS Financial LLC’s holdings, making the stock its 28th largest position. RHS Financial LLC’s holdings in iMGP DBi Managed Futures Strategy ETF were worth $1,433,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Sound Income Strategies LLC acquired a new position in shares of iMGP DBi Managed Futures Strategy ETF during the fourth quarter valued at about $28,000. Fairman Group LLC acquired a new stake in shares of iMGP DBi Managed Futures Strategy ETF in the 4th quarter worth about $39,000. Concourse Financial Group Securities Inc. bought a new position in iMGP DBi Managed Futures Strategy ETF in the 4th quarter valued at about $111,000. Envestnet Portfolio Solutions Inc. acquired a new position in iMGP DBi Managed Futures Strategy ETF during the 3rd quarter valued at about $211,000. Finally, Wealthcare Advisory Partners LLC bought a new stake in iMGP DBi Managed Futures Strategy ETF during the 1st quarter worth approximately $221,000.

iMGP DBi Managed Futures Strategy ETF Price Performance

Shares of DBMF stock traded up $0.42 during trading hours on Monday, reaching $30.48. The company had a trading volume of 112,602 shares, compared to its average volume of 319,061. The company has a market cap of $1.06 billion, a price-to-earnings ratio of 24.50 and a beta of 0.04. iMGP DBi Managed Futures Strategy ETF has a 12 month low of $25.60 and a 12 month high of $30.50. The business has a fifty day simple moving average of $29.62 and a 200-day simple moving average of $28.10.

iMGP DBi Managed Futures Strategy ETF Company Profile

The iMGP DBi Managed Futures Strategy ETF (DBMF) is an exchange-traded fund that is based on the Goldman Sachs Hedge Fund VIP index. The fund aims to emulate the performance of a group of CTA hedge funds. The funds model allocates weights to derivatives selected by the funds active managers. DBMF was launched on May 8, 2019 and is managed by iM.